According to CoinMeta, based on early data from in, Binance’s BCH / USDT perpetual contracts saw a tenfold surge in trading volume within 10 minutes, with a total trading amount of $47.38 million over the past 24 hours, representing a 4.75% increase. A surge in trading volume usually indicates increased market activity or large-scale capital transactions, which may be triggered by significant market changes or news announcements. Currently, Binance’s contracts rank first globally in the comprehensive ranking.